Elizabeth Lee Hennessee died at the age of 64 because of stroke. E. Lee Hennessee, a pioneering woman in the male-dominated hedge fund industry and the creator of one of the first indexes to track its secretive transactions, was found dead on Saturday at her home in West Palm Beach, Fla.
Funding
University of Georgia Sets New Record For Fund-Raising Campaign
Last Thursday, Tate Student Center’s biggest room was filled with more than a thousand people after University of Georgia formally publicize its fund-raising campaign.
Indiana County Council Funds Planned Parenthood Abortion
Despite the urge from the members of the pro-life community to stop financing for abortion chain, a county council in Indiana convened on Wednesday to fund Planned Parenthood through taxpayer dollars.
Ontario Revamps Financial Regulatory Companies
Referring to a call for modernization, the Finance Minister of Ontario revealed on Tuesday the government’s plan to overhaul some of the financial regulatory bodies in the province to create a new watchdog with its center of attention on consumers.
Transwestern Investment Group Closes Funds For Real Estate
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Recently, it just had closed its TSP Value and Income Fund I.
Latest News
Fund managers assured that who ever wn the 2016 election, the 401(k) will not be affected The 401(k) is the defined contribution pension account under the Internal Revenue Code.
The SEC made this investor disclosure-cost-environment policy trifecta possible through a May 2015 proposal that would allow mutual funds to deliver shareholder reports electronically as the default option.
Alibaba is investing $1.48B for its Digital Media and Entertainment. Likewise, it has been entering some investment deals like the one with Youtube.
Elliot management warns investors of a high possible rapid inflation. Executive of the hedge fund Elliott Management wrote letter to investors warning that rapid inflation is their biggest concern in the current environment, adding that such a spike would not only collapse bond prices, but potentially lead to a stock market crash.
Samsung Electronics confirmed on Tuesday that it is planning to invest more than $1 billion in its chip manufacturing facilities in Texas.
Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.
Carlyle Group’s second energy credit investments fund raised a $2.8 billion fund, Carlyle Energy Mezzanine Opportunities Fund II, said spokesman Randall B. Whitestone in an e-mail.
A private Singaporean banker is under investigation as he was linked to 1MDB Fund. The Malaysian fund scandal has so many loops for the world critics to investigate and still to review.
Alibaba is really on expansion with $1.5B Entertainment Fund. The worldwide trader Alibaba Group Holding Ltd. is stepping up investments in the entertainment industry with the formation of a new media group along with a fund of more than 10 billion yuan ($1.
